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Category: business – Page 74

‘I expect that these tools will be valuable for everyone from regular people to creators to businesses.’

Meta sees “an opportunity to introduce AI agents to billions of people in ways that will be useful and meaningful,” CEO Mark Zuckerberg told investors today.

While he was vague about how exactly Meta will add generative AI to its apps, Zuckerberg gave the most detailed preview yet during the company’s earnings call for the first quarter of this year, when it reported $28.6 billion in revenue and a record 2 billion daily users of the Facebook app, beating Wall Street’s estimates. Meta’s profit for the quarter was $5.7 billion, a 24 percent decrease from the same time last year.

Get ready for ChatGPT competition in Instagram, Facebook, and WhatsApp.

Continue reading “Mark Zuckerberg says Meta wants to “introduce AI agents to billions of people”” | >

As highlighted in a recent article, the release of ChatGPT in its various guises, along with numerous other generative AI-based technologies, has heralded a flurry of articles, studies, and headlines lauding the often catastrophic impact such technologies will have on jobs and society more broadly.

It’s the kind of simplistic and often doom-laden narrative that so often thrives on social media. As Greg Berman and Aubrey Fox remind us in their recent book Gradual, however, change seldom happens rapidly and almost never happens in such a linear fashion.

The study surveyed executives from 200 large companies and found that while most recognized the importance of new technologies, many were unrealistic about their ability to transform their businesses. The survey revealed that companies that took a more measured and realistic approach to technology adoption tended to be more successful.

Overall, these studies suggest that technological predictions are often overly optimistic and that many new technologies fail to meet their initial expectations.

Continue reading “We Need Caution When Predicting The Future Of Work” | >

Ensuring proper funding level and visibility was another challenge. To provide the necessary resources, we included executive sponsors on the boards of satellite organizations, which offered better visibility and support for innovation projects. Finally, we faced the challenge of process alignment to maintain agility while ensuring safety. As a result, we defined the minimum required processes to guarantee safety as a top priority during developments, allowing satellite organizations to remain agile without compromising safety standards.

By addressing these and other challenges, we were able to determine the appropriate balance between autonomy and oversight for our organization. Our successful model involves a mix of internal and external talent, strong alignment between corporate and satellite strategies, and ongoing investment in innovative projects. We measure success using specific metrics such as project completion rates, knowledge and employee transfer efficiency, and the value of innovations returned to the parent corporation.

The hybrid innovation model represents a groundbreaking approach for corporations looking to harness the benefits of both the corporate and startup worlds. Corporations can foster an agile and dynamic environment that attracts top talent and facilitates rapid development and testing of new ideas. Although there are challenges to implementing this model, the potential benefits make it an attractive option for corporations seeking to drive innovation and growth in today’s fast-paced business environment.

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Today is Earth Day.

That said, Americans don’t fully trust the reliability of renewable sources and 67% of the population favors a mix of renewables and fossil fuels, with only about 31% in favor of completely phasing out fossil fuels altogether.

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week.

Today is Earth Day, when people take time out to reflect on preserving the environment. And according to polling, at least, Americans are committed to improving it. According to a new poll from Pew Research looking at attitudes towards the environment, 69% of the U.S. population favors steps towards a goal of the country being carbon neutral by the year 2050. The same percentage says the country should prioritize developing renewable energy sources to do so.

Continue reading “Current Climate: Americans Want The U.S. At Net Zero By 2050” | >

Michio Kaku, professor of theoretical physics at the City University of New York, Nilay Patel of The Verge, and Ethan Millman of the Rolling Stone discuss the future of artificial intelligence amid growing controversy. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

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What if I told you Open AI had a new robot coming out infused with ChatGPT? Well, they do.

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Continue reading “OpenAI’s FIRST Robot SHOCKS the World | ChatGPT” | >

Vrgineers and Advanced Realtime Tracking demonstrate the combination of XTAL 3 headset and SMARTTRACK3/M in a mixed reality pilot trainer. The partnership between these two technological companies started in 2018. At IT2EC 2023 in Rotterdam, the integrated SMARTTRACK3/M into an F-35-like Classroom Trainer manufactured and delivered to USAF and RAF will be for display. This unique combination of the latest ART infrared all-in-one hardware and Vrgineers algorithms for cockpit motion compensation creates an unseen immersion for every mixed reality training. One of the challenges in next-generation pilot training using virtual technology and motion platforms is the alignment of the pilot’s position in the cockpit. By overcoming this issue, the simulator industry is moving forward to eliminate the disadvantages of simulated training.

“We are continuously working on removing the technological challenges of modern simulators, one of which is caused by front-facing camera position distance from users’ eyes. We are developing advanced algorithms for motion compensation to minimize the shift between virtual and physical scene, making experience realistic. The durability and compact size of SMARTTRACK3/M, which was optimized for using in cockpits, allows us as training device integrator to make it a comprehensive part of a simulation,” says Marek Polcak, CEO of Vrgineers.

“This is the application SMARTTRACK3/M was designed for., We have taken the proven hardware from the SMARTTRACK3 and adapted it to the limited space available. As a result, we have the precision and the reliability of a seasoned system in a form factor fitting to simulator cockpits” says Andreas Werner, business development manager for simulations at ART.

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